Copper armature scrap prices in Delhi climbed up to INR 712,000/t exy. Primary copper rods saw a 0.3% increase to INR 802,000/t, supported by a 1.56% rise in LME futures to $9,100/t. The gradual increase in buying inquiries from China has bolstered market sentiment, which is also being reflected in the domestic market. Sources predict that prices will remain elevated in the near future.
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